Croatian banks that underwent the ECB's in-depth review as well as the Croatian banking system in its entirety have a high capital adequacy ratio, providing them with proper protection against potential unforeseen losses, the HNB said in a press release.
The in-debt review consisted of two tests: "Stress Test" and "Comprehensive Assessment" and they were performed in all bank groups and lenders operating in Croatia.
The ECB today stated that of 130 banks covered by the tests, 25 had capital shortfall of EUR 25 billion, which means they failed stress tests.